Global Trade Alert
Global Trade Alert

Pakistan: Package for agricultural economy announced in response to the COVID-19 pandemic

Announcement

13 May 2020

Pakistan has approved several subsidies and interest reductions on loans to support the agricultural economy.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

13 May 2020

Revocation date:

15 May 2021

Announced: 13 May 2020
Local content incentive
On 13 May 2020, the Economic Coordination Committee of Pakistan approved, as part of a stimulus package for agriculture, a subsidy on the sales tax of locally manufactured tractors for a period of 1 y...
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Implementation date

13 May 2020

Revocation date:

No revocation date

Announced: 13 May 2020
Interest payment subsidy In force
On 13 May 2020, the Economic Coordination Committee of Pakistan as part of a stimulus package for agriculture approved an interest loan reduction for farmers with a total cost of Rs. 8.8 billion (~USD...
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Announced: 13 May 2020
Production subsidy In force
On 13 May 2020, the Economic Coordination Committee of Pakistan approved an agricultural package worth Rs. 56.6 billion (~ USD 352 million). The package includes a subsidy of Rs. 37 billion (~USD 23 m...
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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70963

interventions

194

jurisdictions